Economy likely added 225,000 jobs last month. That would mark the second straight month payrolls increased by 225,000. We havent seen a stretch that long since 1997. The Unemployment Rate expected to slip to 6. 11 . Futures ahead of those numbers and, of course, things can change dramatically in the morning. But right now, we have some red arrows with the dow, it opened down about 41. 5 points. The s p 500 would open off about 6. 5 points and the nasdaq would open off about 9. 5 points. Again, we will those numbers doing a lot. Almost like a discount before we get to 9 30. There you have it. You know, i see things that were looking forhe the brothel, its in usa today, this just in, brothel owner helped seal nevadas tesla deal. Lance gillman is the owner of the famous Mustang Ranch brothel. You thought that was a ford dealership, right . No . I was just asking if they had you know, yesterday you said nevada so well. Nevada. Did you check . I had to practice. For somebody because i like
On the money, now maria bar tir romo. Heres whats making the news. President obama is pitching housing reform in phoenix. Mr. Obama called the winding down the government sponsored fannie mae and freddie mac which hold most of the mortgages in the united states. He called for a public role and increase in the public market. For too long those companies were allowed to make huge profits buying mortgages knowing that if their debts went bad, taxpayers would be left holding the bag. Meanwhile, the markets broke a threeday slide on thursday catching their breath. It was the longest losing streak in more than a month. The market fell on friday. Earnings season is winding down. Disney beat analysts expectations. 21st century fox had its first Earnings Report since it was split from news corp. And it beat expectations as did aol and time warner. A poor performance for small cars. Half of the vehicles tested by the Insurance Institute for Highway Safety did not do well. Nissan sentra and kia s
What do you see . How do you see it playing out . I do think that basically the fed has conditioned investors in terms of what to expect. Theyve been on the same page in saying tapering is not tightening. You know, those thresholds you mentioned, 6 1 2 unemployment and 2 inflation target. Those are the thresholds for the fed to actually lift Interest Rates. They keep wanting to distinguish between the amount of bonds theyre buying every month and the ultimate increase in shortterm rates which is way, way, way off. I do think the markets kind of gotten this message that the fed wants to remain accomodative. I think a lot hinges on augusts unemployment number obviously. Even with what president fisher said in that interview was assuming the economic numbers continue to go the way they are. Were still dependent on that. Bank of maryland tried to pocket paper in terms of cash, research and development in the u. S. Compared to the rest of the world. The u. S. Spends more on r d than all of
Phoenix. Mr. Obama called the winding down the fannie mae and freddie mac which hold most of the mortgages are in the united states. He called for a limited Government Role and increase in private lending in the housing market. For too long these companies were allowed to make huge profits buying mortgages knowing that if their best went bad, taxpayers would be left holding the bag. Meanwhile the markets broke a threeday slide on thursday catching their breath and consolidating a bit. It was the longest losing streak in more than a month. The markets fell on friday. Earnings season is winding down. Disney beat analysts expectations though its revenues fell short. 21st century fox had its first Earnings Report since it split newscorp. The Company Beat Expectations as did aol and time warner. A poor performance for many small cars in an important safety test. Half of the vehicles tested by the Insurance Institute for Highway Safety did not do well. Nissan sentra was rated poor as were ki
Phoenix. Mr. Obama called the winding down the fannie mae and freddie mac which hold most of the mortgages are in the united states. He called for a limited Government Role and increase in private lending in the housing market. For too long these companies were allowed to make huge profits buying mortgages knowing that if their best went bad, taxpayers would be left holding the bag. Meanwhile the markets broke a threeday slide on thursday catching their breath and consolidating a bit. It was the longest losing streak in more than a month. The markets fell on friday. Earnings season is winding down. Disney beat analysts expectations though its revenues fell short. 21st century fox had its first Earnings Report since it split newscorp. The Company Beat Expectations as did aol and time warner. A poor performance for many small cars in an important safety test. Half of the vehicles tested by the Insurance Institute for Highway Safety did not do well. Nissan sentra was rated poor as were ki